CompoSecure, Inc. (NASDAQ:CMPO) Receives Consensus Rating of “Buy” from Analysts

CompoSecure, Inc. (NASDAQ:CMPO) has earned a consensus recommendation of “Buy” from the six research firms that are currently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have covered the stock in the last year is $25.50.

Several research firms have recently issued reports on CMPO. Benchmark boosted their price objective on shares of CompoSecure from $24.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. TD Cowen reissued a “buy” rating on shares of CompoSecure in a research report on Tuesday, November 4th. JPMorgan Chase & Co. restated a “buy” rating on shares of CompoSecure in a research note on Thursday, January 8th. Lake Street Capital reaffirmed a “buy” rating on shares of CompoSecure in a report on Wednesday, December 24th. Finally, Needham & Company LLC lifted their price objective on CompoSecure from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th.

CompoSecure Trading Down 0.2%

Shares of CMPO stock opened at $24.63 on Tuesday. The firm has a market capitalization of $3.11 billion, a P/E ratio of -14.66 and a beta of 0.98. CompoSecure has a 1 year low of $9.24 and a 1 year high of $26.78. The firm’s fifty day simple moving average is $22.10 and its 200 day simple moving average is $20.39.

CompoSecure Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be given a $0.0025 dividend. This represents a $0.01 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Friday, February 13th.

Hedge Funds Weigh In On CompoSecure

Hedge funds and other institutional investors have recently made changes to their positions in the business. CIBC Private Wealth Group LLC increased its stake in CompoSecure by 74.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,407 shares of the company’s stock valued at $27,000 after acquiring an additional 600 shares during the period. Versant Capital Management Inc lifted its stake in CompoSecure by 291.8% during the third quarter. Versant Capital Management Inc now owns 2,018 shares of the company’s stock worth $42,000 after purchasing an additional 1,503 shares during the period. Tower Research Capital LLC TRC boosted its holdings in CompoSecure by 25.8% during the second quarter. Tower Research Capital LLC TRC now owns 3,478 shares of the company’s stock valued at $49,000 after purchasing an additional 713 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of CompoSecure in the 4th quarter valued at approximately $59,000. Finally, Ameritas Investment Partners Inc. grew its stake in shares of CompoSecure by 80.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,488 shares of the company’s stock valued at $63,000 after purchasing an additional 1,995 shares during the period. 37.56% of the stock is owned by institutional investors.

About CompoSecure

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.